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Oct 19, 2013
10/13
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KQEH
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and extend the debt ceiling beyond its $16.7 trillion limit. the budget standoff began september 23 when republican senator ted cruz took the floor in a 21-hour filibuster over obama care. >> i do not like green eggs and ham, i do not like them sam i am. >> reporter: cruz was backed up by conservatives in the house of representatives who insisted on delaying the affordable care act mandate for individuals to buy health insurance. last week house speaker john boehner broke the deadlock by offering president obama a deal. six days of negotiations later, the white house and congress reached an interrum agreement. the federal government is back in operation until january 15 of next year. the debt ceiling is extended until february 7 of next year. and the joint house budget conference committee shared by house republican paul ryan and senate democrat patty murray will negotiate a new federal budget. question, is the real horse training about to begin on automatic spending cuts? potential tax increases? another debt ceiling increase? and obama care.
and extend the debt ceiling beyond its $16.7 trillion limit. the budget standoff began september 23 when republican senator ted cruz took the floor in a 21-hour filibuster over obama care. >> i do not like green eggs and ham, i do not like them sam i am. >> reporter: cruz was backed up by conservatives in the house of representatives who insisted on delaying the affordable care act mandate for individuals to buy health insurance. last week house speaker john boehner broke the...
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Oct 8, 2013
10/13
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MSNBC
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our debt ceiling is now 14.3 trillion dollars. it will need to be raised in the coming year. >> that guy didn't have to be particularly bright. he just had to know what the dealt ceiling is. it was a completely non-controversial invisible element of our government. the staff of the senate finance committee where we actually had to write debt ceiling increass s into law. john boehner cannot be allowed to pretend that the madness that he is allowing to run rampant is something that every president in modern history has had to contend with. >> every president in modern history has negotiated over a debt limit. debt limits have been used to force big policy changes. >> there is exactly one speaker in modern history who has seriously tried. by exactly one speaker of the house and that speaker of the house is not speaking the truth. here once begin. >> this is something routine. it has been done more than 40 times since ronald reagan is president. it has never before been used in the kind of ways that the republicans are talking about u
our debt ceiling is now 14.3 trillion dollars. it will need to be raised in the coming year. >> that guy didn't have to be particularly bright. he just had to know what the dealt ceiling is. it was a completely non-controversial invisible element of our government. the staff of the senate finance committee where we actually had to write debt ceiling increass s into law. john boehner cannot be allowed to pretend that the madness that he is allowing to run rampant is something that every...
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Oct 6, 2013
10/13
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WTTG
tv
eye 162
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was using the debt ceiling. that is why i think this stubborn on instruction has a purpose and the purpose is to make more money. >> so it all of that on the democratic side? >> the whole problem with this is i think it goes back to the 41 votes to appeal obama care. the republicans have had an on section with repealing it. that's how the shutdown crisis starts. with them wanted to defund it, repeat it, get rid of it. that's why it's so hard for them now to say they weren't responsible. and as we get closer to a default, regardless of what negotiations are or are not, in the wake of all of that momentum on obama care and republicans tries to stop it, they could turn into the grand double o party. >> but something that like, yeah, a pumper sticker. there has been talk to the president and the senate democrats that they're goal is to break the republican party. to exploit this divide within the republicans and to stop them. is that sensible? >> no, they misunderstand the evidence right before their eyes with what'
was using the debt ceiling. that is why i think this stubborn on instruction has a purpose and the purpose is to make more money. >> so it all of that on the democratic side? >> the whole problem with this is i think it goes back to the 41 votes to appeal obama care. the republicans have had an on section with repealing it. that's how the shutdown crisis starts. with them wanted to defund it, repeat it, get rid of it. that's why it's so hard for them now to say they weren't...
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Oct 6, 2013
10/13
by
WBFF
tv
eye 366
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debt ceiling incrase. after all of this happy talk, he n trillion more in short. >> back in 2000, a candidate obama said george w. bush's $9 trillion debt was unpatriotic. if they raise it it wilbe $17.7 trillion. >>> he said it is a failure of leadership in 2007 when he was using the debt ceiling. that is i think this stubborn on instruction has a purpose and the purpose is to make more money. so it all of thatn the democratic side? >> the whole problem with this is i thi it goes back to the 41 votes to appeal obama care. the republicans have had an on section with repealing it. that's how the shutdown crisis starts. with them wanted to defund it, repat ge rid of it. that's why it's so hard for them now to say they weren't responsible. and as we get closer to a default, regardless of what egotiations are or are not, in the wake of all o that mome on o c republicans tries to stop it, they could turn into the grand double o party. >> bu something that like, ah, a pumpersticker. there has been talk tothe mot
debt ceiling incrase. after all of this happy talk, he n trillion more in short. >> back in 2000, a candidate obama said george w. bush's $9 trillion debt was unpatriotic. if they raise it it wilbe $17.7 trillion. >>> he said it is a failure of leadership in 2007 when he was using the debt ceiling. that is i think this stubborn on instruction has a purpose and the purpose is to make more money. so it all of thatn the democratic side? >> the whole problem with this is i thi...
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91
Oct 16, 2013
10/13
by
ALJAZAM
tv
eye 91
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debt ceiling above 17 trillion-dollar which will allow the treasury to keep paying its bills through february 7th. they will start far-reaching negotiations for a new budget. and republicans get stronger income verification procedures for people who want subsidies to pay for their obamacare health care insurance. this is not a done beal until the house and senate votes on t and neither have done, it could be a long night. the investors liked what they heard, expect more gains. federal agencies can get back to doing the people's work. hundreds of workers and contractors can collect their paychecks and americans can relax somewhat because the government won't implode over the holidays. without a long-term deal the americans will continue to feel the uncertainty that washington breathes. businesses will hold off on hiring. consumers will hesitate to spend and already the federal reserve will see slower growth in many parts of the countries in the weeks leading up to the crisis in washington. well, al jazeera american white house correspondent mike viqueira is joining us from the white h
debt ceiling above 17 trillion-dollar which will allow the treasury to keep paying its bills through february 7th. they will start far-reaching negotiations for a new budget. and republicans get stronger income verification procedures for people who want subsidies to pay for their obamacare health care insurance. this is not a done beal until the house and senate votes on t and neither have done, it could be a long night. the investors liked what they heard, expect more gains. federal agencies...
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Jan 1, 2013
01/13
by
CNNW
tv
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that the united states has hit its debt ceiling. $16.4 trillion. they have enough to stretch it out for a few more weeks, but we have hit the debt ceiling. >> it doesn't look like the dent ceiling is part of the deal right now. the democrats, especially the president of the united states, deeply disappointed by that. we may be on the verge of a fiscal cliff short-term agreement. the house of representatives, however, will not vote tonight. deal or no deal, there could be a significant impact on your taxes. tom foreman is joining us with more on this part of the storst. >> if you're sitting at home right now and you don't care about the democrats and republicans, you don't care about the white house, and you don't care about congress, you still need to be watching this number and paying attention because if that reaches zero tonight and we don't have a solid promise that a deal is in the works, it could affect everyone's wallet because everyone's taxes are going to go up. let me show you some examples here. let's say you make $50,000 in your househo
that the united states has hit its debt ceiling. $16.4 trillion. they have enough to stretch it out for a few more weeks, but we have hit the debt ceiling. >> it doesn't look like the dent ceiling is part of the deal right now. the democrats, especially the president of the united states, deeply disappointed by that. we may be on the verge of a fiscal cliff short-term agreement. the house of representatives, however, will not vote tonight. deal or no deal, there could be a significant...
WHUT (Howard University Television)
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80
Oct 20, 2013
10/13
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WHUT
tv
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over increasing the debt ceiling at a mere $14.3 trillion as opposed to today's robust $16.7 trillion. they downgraded the u.s. from their aaa credit rating of outstanding to aa plus. because of the political gridlock. that gridlock has since become routine. in 2012 the stalemate was over the so-called fiscal cliff. the double whammy of the bush tax cuts and the schedule start of the sequestration cuts that would derail the economy. at the last minute mrs. obama and boehner cut a deal to avert that calamity. this year's 2013 budget ceiling standoff is now scheduled to go into 2014 reveals a new path in america's policy. the fundamental functions of the government, it means that the white house and congress, they failed to negotiate until the crisis looms. and then only acts at the last minute. question, is this the new normal on the american politics? timothy? >> the reason that it is the new normal isn't just that the parties are that separated. these giant groups that can go out and fund. so the party leaders, they don't have the control that they used to have. rank and file senator
over increasing the debt ceiling at a mere $14.3 trillion as opposed to today's robust $16.7 trillion. they downgraded the u.s. from their aaa credit rating of outstanding to aa plus. because of the political gridlock. that gridlock has since become routine. in 2012 the stalemate was over the so-called fiscal cliff. the double whammy of the bush tax cuts and the schedule start of the sequestration cuts that would derail the economy. at the last minute mrs. obama and boehner cut a deal to avert...
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Oct 9, 2013
10/13
by
FOXNEWSW
tv
eye 170
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you have to fund the government and give me the debt ceiling, give me a trillion more on the debt ceiling the only two things the republicans have been holding out, the only two bargaining chips. president obama is willing to deal as long as he gets his way first. a lot of wish fful thinking of e republicans. president obama back to the blame game, arcesonists, rants, esset ra. what needs to happen, republicans have to stay firm up to the debt ceiling. my gut is we will get right around that day and all of a sudden both sides will come to the table and some agreement, whether medical device tax issue or maybe some movement on entitlements, maybe raising the retirement age, something where the republicans can go back and say, look what we got. we got something. >> you were listsening earlier today, did you hear a shift in tone from the president and do you think that has anything to do with the recent polling saying both sides are getting some blame in this fight? >> yes. i'm shocked president obama didn't see this coming. they both had parties mutually assured destruction. see seeing the
you have to fund the government and give me the debt ceiling, give me a trillion more on the debt ceiling the only two things the republicans have been holding out, the only two bargaining chips. president obama is willing to deal as long as he gets his way first. a lot of wish fful thinking of e republicans. president obama back to the blame game, arcesonists, rants, esset ra. what needs to happen, republicans have to stay firm up to the debt ceiling. my gut is we will get right around that...
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126
Oct 9, 2013
10/13
by
KICU
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eye 126
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china and japan hold a combined $2.4-trillion in u-s debt. in its first official response, china says it is the united states' repsonsibility to act. and japan's ministry of finance is reportedly very worried about the situation. add to that the head of the international monetary fund christine lagarde -- who spoke out publicly saying that the failure of u-s politicians to raise the debt ceiling endangers the entire world economy. the government shutdown is creating trying times for traders. last friday --the labor department could not compile its report on unemployment numbers. this week traders will be left guessing on news from usda on grains and livestock. "we're not getting any supply demand report which is a huge report due on friday. most of your energy reports aren't coming out. in addition, your livestock and live cattle -- they're having to take alternative measures like the cme with calculating settlement prices and other data as far as production versus supply versus demand." futures trader phillip streible tells us in many cases
china and japan hold a combined $2.4-trillion in u-s debt. in its first official response, china says it is the united states' repsonsibility to act. and japan's ministry of finance is reportedly very worried about the situation. add to that the head of the international monetary fund christine lagarde -- who spoke out publicly saying that the failure of u-s politicians to raise the debt ceiling endangers the entire world economy. the government shutdown is creating trying times for traders....
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Oct 11, 2013
10/13
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CSPAN2
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there is a bipartisan meeting as we worked on the debt ceiling to raise the debt ceiling $2 trillion. we agreed that over ten years we would cut spending $2.1 trillion. so five, six months -- less than six months later, the president submits a budget to the united states senate and to the united states house to call for spending a trillion dollars over that amount. so i think that was a breach, a serious act on the president to move away from the promises that he had made and the act he signed into law. now, to be more specific about it, one of the proposals in the president's budget that's received a lot of discussion is an alteration of the way we calculate inflation index for social security. it's been referred to as chained c.p.i., and it's projected to save a certain amount of money, maybe $133 billion or maybe more. let's just say it's going to save $100 billion. chained c.p.i., and it would in fact increase the revenue into social security, and it would reduce the amount of money that's paid oust social security, and it would save, let's say, $100 billion. so this would strengt
there is a bipartisan meeting as we worked on the debt ceiling to raise the debt ceiling $2 trillion. we agreed that over ten years we would cut spending $2.1 trillion. so five, six months -- less than six months later, the president submits a budget to the united states senate and to the united states house to call for spending a trillion dollars over that amount. so i think that was a breach, a serious act on the president to move away from the promises that he had made and the act he signed...
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101
Oct 13, 2013
10/13
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KQED
tv
eye 101
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the federal government shutdown, which began october 1, and the $16.7 trillion debt ceiling limit, which the government will hit on october 17th unless congress raises the debt limit. president a
the federal government shutdown, which began october 1, and the $16.7 trillion debt ceiling limit, which the government will hit on october 17th unless congress raises the debt limit. president a
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Jan 2, 2013
01/13
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CNNW
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and then there's the $16.4 trillion debt ceiling. we just hit it according to the treasury secretary and the president already drawing the line in the sand for that fight. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up. if congress refuses to give the united states government the ability to pay these bills on time, the consequences would be catastrophic. >> brianna kealar is live from washington working triple duty for us. so tell us more about what is not included in this deal and what battles are now looming in congress. >> let's say first what is in the deal that is important to note. and that is that when you're talking about these tax cuts that have been extended for people making $3450,000 or less as a couple $400,000 or less as an individual, they're prmly extended. so that's pretty significant because that isn't just some stop gap one year, two year measure. the issues that aren't tackled are what the fiscal cliff was supposed to serve as an in
and then there's the $16.4 trillion debt ceiling. we just hit it according to the treasury secretary and the president already drawing the line in the sand for that fight. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up. if congress refuses to give the united states government the ability to pay these bills on time, the consequences would be catastrophic. >> brianna kealar is live from washington...
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Jan 14, 2013
01/13
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CNNW
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$2.5 trillion in cuts just to get the debt ceiling extended to next year. $2.5 trillion. they can't even -- congress has not been able to identify $1.2 trillion in cuts that they're happy with. because these same republicans say they don't want to cut defense. they've claimed that they don't want to gut medicare or harm the vulnerable. but the truth of the matter is that you can't meet their own criteria without drastically cutting medicare or having an impact on medicaid or affecting our defense spending. so the math just doesn't add up. now, here's what would work. what would work would be for us to say, we've already done close to $2 trillion in deficit reduction, and if you add the interest that we won't be paying because of less spending and increased revenue, it adds up to about $2.5 trillion. the consensus is, we need about $4 trillion to stabilize our debt and our deficit. which means we need about $1.5 trillion more. the package that i offered to speaker boehner before we -- before the new year would achieve that. we were actually fairly close in terms of arrivin
$2.5 trillion in cuts just to get the debt ceiling extended to next year. $2.5 trillion. they can't even -- congress has not been able to identify $1.2 trillion in cuts that they're happy with. because these same republicans say they don't want to cut defense. they've claimed that they don't want to gut medicare or harm the vulnerable. but the truth of the matter is that you can't meet their own criteria without drastically cutting medicare or having an impact on medicaid or affecting our...
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Oct 8, 2013
10/13
by
KPIX
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eye 171
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you're asking them to take a very tough vote for the debt ceiling. usually people in both parties want to have some cover, something that they can point to and say i want some budget process were formed before i throw another trillion dollars in debt. >> which is fine. so if they want to do that, reopen the government, extend the debt ceiling. if they can't do it for a long time, do it for the period of time in which these negotiations are taking place. why is it that we've got hundreds of thousands of people who aren't working right now in order for what you just described to occur. it doesn't make any sense. the small business administration gives out a billion dollars worth of loans every month to small businesses all across the country. that's not happening right now. so small businesses in every state that are counting on a loan to get their business going and you got the party of small business saying, small business administration can't do it. that's what they call themselves. and yet, they're suffering. you got farmers who are waiting for loa
you're asking them to take a very tough vote for the debt ceiling. usually people in both parties want to have some cover, something that they can point to and say i want some budget process were formed before i throw another trillion dollars in debt. >> which is fine. so if they want to do that, reopen the government, extend the debt ceiling. if they can't do it for a long time, do it for the period of time in which these negotiations are taking place. why is it that we've got hundreds...
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Oct 1, 2013
10/13
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MSNBCW
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and if that wasn't enough, the next battle over the $16 trillion debt ceiling is right around the corner. good morning, i'm betty nguyen. no deal. the government is shut down for the first time in 17 years. it's being called an unnecessary blow to the american people. we'll tell you what it means for you. first the clock hit midnight
and if that wasn't enough, the next battle over the $16 trillion debt ceiling is right around the corner. good morning, i'm betty nguyen. no deal. the government is shut down for the first time in 17 years. it's being called an unnecessary blow to the american people. we'll tell you what it means for you. first the clock hit midnight
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24
Oct 11, 2013
10/13
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CNNW
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eye 24
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the debt ceiling, we're up to 17 trillion in debt. no one is ever. >> can you believe that figure? >> yeah -- >> it's trotted out and perfectly normal. >> it was a word that didn't exist in our language ten years ago, let's face it. trillion, the word trillion. you don't hear billion anymore, you hear trillion. it's a number that's staggering, 17 trillion and going up rapidly. it's not stopping there. they are looking at 24 trillion. at what point does it stop? the debt ceiling, nobody knows what will happen. you could have a situation where you don't raise the debt ceiling and people have to go and really cut and get the country back into shape. there were those who say that could happen, also. >> would you feel comfortable about the debt ceiling limit not being extended as somebody who had so many fingers and business pies in america. >> the word is a hard word. i'm not comfortable with it but i will say something has to be done to get there. we can continue to get this way. we're looking at numbers that are staggering and going up at a staggering rate. something has to be done.
the debt ceiling, we're up to 17 trillion in debt. no one is ever. >> can you believe that figure? >> yeah -- >> it's trotted out and perfectly normal. >> it was a word that didn't exist in our language ten years ago, let's face it. trillion, the word trillion. you don't hear billion anymore, you hear trillion. it's a number that's staggering, 17 trillion and going up rapidly. it's not stopping there. they are looking at 24 trillion. at what point does it stop? the debt...
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125
Sep 19, 2013
09/13
by
ALJAZAM
tv
eye 125
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that's when the neglects will reach it's $16.7 trillion debt ceiling limit. if it isn't raised then even the threat of that could threaten the economy into chaos. no one is thinking that will happen, but it is possible. meanwhile we have the senator of texas ted cruz said he's going to do everything possible to make sure the affordable healthcare act is not funded. >> thank you so much. now to mexico where the search is underway for victims after the latest hurricane to hit the country. 58 people are missing after hurricane manuel hit. it's the second hurricane to hit in a week. now the mexican country is trying to get food and water to those in need and keep theme out of harm's way. >> reporter: desperate for help. hundreds of people have been stranded for days. many have gone without food and drinking water since severe flooding left them homeless. government brings rations, but people say it's not enough. >> we haven't eaten since the started raining. it has taken away everything. our children are sick. >> look at my house now. the water took everything, t
that's when the neglects will reach it's $16.7 trillion debt ceiling limit. if it isn't raised then even the threat of that could threaten the economy into chaos. no one is thinking that will happen, but it is possible. meanwhile we have the senator of texas ted cruz said he's going to do everything possible to make sure the affordable healthcare act is not funded. >> thank you so much. now to mexico where the search is underway for victims after the latest hurricane to hit the country....
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389
Oct 9, 2013
10/13
by
FOXNEWSW
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eye 389
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ceiling well over $18 trillion. here's what he said yesterday. >> my simple point is this. democrats in the senate and house are prepared to talk about anything. um prepared to talk about anything. they can de ion whatever format they want. >> offered to talk only if republicans and congress essentially cave for a short term deal on government funding and the debt ceiling. at the same time they were talking about a longer term idea raising the debt ceiling by more than a trillion dollars without any spending cuts. that is a no go for republicans. >> we can't raise the debt ceiling about doing something that is driving us to borrow more money and move beyond our means. the idea we should continue to spend more money that we don't have and give the bill to our kids and grand kids would be wrong. >> still both are looking for some way out with wall street growing more anxious by the day. >> doug luzader live for us this morning. thank you, doug. >> 8 democratic members of the house are arrested and -- at an immigration
ceiling well over $18 trillion. here's what he said yesterday. >> my simple point is this. democrats in the senate and house are prepared to talk about anything. um prepared to talk about anything. they can de ion whatever format they want. >> offered to talk only if republicans and congress essentially cave for a short term deal on government funding and the debt ceiling. at the same time they were talking about a longer term idea raising the debt ceiling by more than a trillion...
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we're going to see the debt ceiling now present itself. are we going to see an ugly repetition was a debacle in 2011 that cost investors, the market cap number, but somewhere around a tri trillion dollars, we don't need any more of that. >> no, but at the end of the day there will be more fights, this is where we are as a nation. when you are 16.5 trillion in debt we'll have fights like this, i best compare it to a marriage that husband and wife go deep into debt, creditors call, and they start fighting as a couple. we see millions of couples in america break up because they are in too much debt, they fight about it the house and senate look a lot like america in the fighting we have about we understand we have too much debt, we understand we have too much spending but battle is where do you cutback. no single vote will fix this. lou: but if there is any more of the irresponsible nonsense over a debt ceiling, independence and democrats and many conservatives will be disenchanted with the republican party. i think you have to began kid and
we're going to see the debt ceiling now present itself. are we going to see an ugly repetition was a debacle in 2011 that cost investors, the market cap number, but somewhere around a tri trillion dollars, we don't need any more of that. >> no, but at the end of the day there will be more fights, this is where we are as a nation. when you are 16.5 trillion in debt we'll have fights like this, i best compare it to a marriage that husband and wife go deep into debt, creditors call, and they...
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44
Jan 17, 2013
01/13
by
FBC
tv
eye 44
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did you know the trillion dollar coin and make the debt ceiling disappear? neil: i am told if you want to look said on camera wear dark clothes and keep the camera at a distance. it works every time. some bakers could take this to the extreme wearing only black. wait. moving the camera to another studio. i exaggerate that some will do an
did you know the trillion dollar coin and make the debt ceiling disappear? neil: i am told if you want to look said on camera wear dark clothes and keep the camera at a distance. it works every time. some bakers could take this to the extreme wearing only black. wait. moving the camera to another studio. i exaggerate that some will do an
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149
Oct 6, 2013
10/13
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FOXNEWSW
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dollar debt ceiling increase. he doesn't want to be the guy who goes out and says after all this happy talk about spending and deficits, that he needs $1 trillion more in authority to get himself through the next year. >> it is interesting to note that back in 2008 candidate obama said that george w. bush's $9 trillion debt was unpatriotic. if they raise the debt $1 trillion, it will be to $17.7 trillion which i guess would be treasonous. >> also he said any president who asks for an increase in the debt ceiling is demonstrating a failure in leadership. when he was attempting to use the debt ceiling to in essence have the default. you'd think a guy that made such a gross error would have a little humility now and sit down and negotiate. that's why i think the strub born obstructionism has a purpose. >> so joe, with all the stubborn obstructionism on the democratic side? >> oh, yeah, yeah, right. look, the whole problem with this is i think goes back to the 41 votes to repeal obama care. the republicans have had an
dollar debt ceiling increase. he doesn't want to be the guy who goes out and says after all this happy talk about spending and deficits, that he needs $1 trillion more in authority to get himself through the next year. >> it is interesting to note that back in 2008 candidate obama said that george w. bush's $9 trillion debt was unpatriotic. if they raise the debt $1 trillion, it will be to $17.7 trillion which i guess would be treasonous. >> also he said any president who asks for...
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57
Oct 11, 2013
10/13
by
CNN
tv
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the debt ceiling, we're up to 17 trillion in debt. no one is ever. >> can you believe that figure? >> yeah -- >> it's trotted out and perfectly normal. >> it was a word that didn't exist in our language ten years ago, let's face it. trillion, the word trillion. you don't hear billion anymore, you hear trillion. it's a number that's staggering, 17 trillion and going up rapidly. it's not stopping there. they are looking at 24 trillion. at what point does it stop? the debt ceiling, nobody knows what will happen. you could have a situation where you don't raise the debt ceiling and people have to go and really cut and get the country back into shape. there were those who say that could happen, also. >> would you feel comfortable about the debt ceiling limit not being extended as somebody who had so many fingers and business pies in america. >> the word is a hard word. i'm not comfortable with it but i will say something has to be done to get there. we can continue to get this way. we're looking at numbers that are staggering and going up at a staggering rate. something has to be done.
the debt ceiling, we're up to 17 trillion in debt. no one is ever. >> can you believe that figure? >> yeah -- >> it's trotted out and perfectly normal. >> it was a word that didn't exist in our language ten years ago, let's face it. trillion, the word trillion. you don't hear billion anymore, you hear trillion. it's a number that's staggering, 17 trillion and going up rapidly. it's not stopping there. they are looking at 24 trillion. at what point does it stop? the debt...
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Jan 6, 2013
01/13
by
KRCB
tv
eye 113
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this is the debt ceiling debate of july and august 2011 which was supposed to come to grips with spending and our debt. it was punted off until this january. what came out was another probably as a result of the next one. we will come out with everything deferred. we are not facing the problem. ultimately, it will destroy our economy. >> i disagree with both nina and charles. it was postponed. it was avoided. that's a good thing. yes, the candid get kicked down the road. they had to because of the sequestration that will be taking place. what was achieved is that the president the achieved his goal of increasing the tax rate on the wealthy. that was important. the loser clearly being speaker boehner. yet a bad beginning of the year. >> the voters send them across the washingtons and make sure that they get every benefit that the government has available to them. they some republicans to washington to make sure that they will not have to pay. both parties keeping promises. they will much such a single gray hair on that beautiful hair of social security or medicare. dog or a. wieters locked
this is the debt ceiling debate of july and august 2011 which was supposed to come to grips with spending and our debt. it was punted off until this january. what came out was another probably as a result of the next one. we will come out with everything deferred. we are not facing the problem. ultimately, it will destroy our economy. >> i disagree with both nina and charles. it was postponed. it was avoided. that's a good thing. yes, the candid get kicked down the road. they had to...
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Sep 18, 2013
09/13
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ceiling by $2 trillion and it soupds terrible and it's a fun talking point for politics, but it always gets done. if there is a budget package that includes the debt ceiling vote, it's not the debt ceiling that is driving the negotiations, it's stick into the budget negotiations because if you're going to take a bunch of votes any way, you might as well go ahead and stick that in there. you have never seen in the history of the united states, the debt ceiling or the threat of not raising the debt ceiling being youzed to extort a president or a governing party. and trying to force issues that have nothing to do with budget and have nothing to do with the debt. so, here's where we are and i think this is the bottom line and i want to make sure everybody's clear. i have presented a budget that deals with, continues to deal with our deficit effectively. i am prepared to work with democrats and republicans to deal with our long-term entitlement issues. and i am prepared to look at priorities that the republicans think we should be promoting and priorities they think we should be, we shouldn
ceiling by $2 trillion and it soupds terrible and it's a fun talking point for politics, but it always gets done. if there is a budget package that includes the debt ceiling vote, it's not the debt ceiling that is driving the negotiations, it's stick into the budget negotiations because if you're going to take a bunch of votes any way, you might as well go ahead and stick that in there. you have never seen in the history of the united states, the debt ceiling or the threat of not raising the...
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Jan 17, 2013
01/13
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did you know the trillion dollar coin and make the debt ceiling disappear? we have the real skinny after this.
did you know the trillion dollar coin and make the debt ceiling disappear? we have the real skinny after this.
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Oct 16, 2013
10/13
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FOXNEWSW
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when the debt by the way was way under $10 trillion but you are all for raising the debt ceiling when the debt is now $17 trillion? what changed? >> that's a very, very good question. you might even ask senator obama why he opposed the debt ceiling. let me make it perfectly clear. when you are negotiating as i was then and as president obama was when he was in the senate, you are not saying that you are going to jeopardize the full faith and credit of the united states of america. there is nobody that talked the way the language that you hear on the republican side of the house. sure, politically,. >> in 2004 you were against raising the debt ceiling. at that point he we were in danger of going over that debt ceiling, and abandoning the full faith and credit of the united states treasury just like we are now. but you took completely done a full circle. >> well, no, no, no. iffound anybody that understands how politics work here, the question someone should have asked me is that are you prepared to have the united states government to default because rangel you have your private agenda
when the debt by the way was way under $10 trillion but you are all for raising the debt ceiling when the debt is now $17 trillion? what changed? >> that's a very, very good question. you might even ask senator obama why he opposed the debt ceiling. let me make it perfectly clear. when you are negotiating as i was then and as president obama was when he was in the senate, you are not saying that you are going to jeopardize the full faith and credit of the united states of america. there...
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Sep 18, 2013
09/13
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that's the debt ceiling. $16 trillion, and a familiar argument to many americans. the last time there was a negotiation between the republicans and the democrats on the debt ceiling, it ended in the sequesters, and it goes into effect, $1 trillion in cuts over ten years and people are just starting to feel the effects of that now. president obama, when it comes to negotiating his signature healthcare allow, there's no way, no how. and by business group at the white house responding to john boehner. >> you've never seen in the history of the united states, the debt ceiling or the threat of not using the debt ceiling being used to extort a president or a governing body in trying to force issues that have nothing to do with budget and nothing to do with the debt. >> tony, it's tempting to roll your eyes or shake your head at all of this addition function in congress. it could have real world consequences in a short time. >> we talked about it a while ago, but it's worth repeating here. we're not talking about obamacare as an executive order he signed into place. this
that's the debt ceiling. $16 trillion, and a familiar argument to many americans. the last time there was a negotiation between the republicans and the democrats on the debt ceiling, it ended in the sequesters, and it goes into effect, $1 trillion in cuts over ten years and people are just starting to feel the effects of that now. president obama, when it comes to negotiating his signature healthcare allow, there's no way, no how. and by business group at the white house responding to john...
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Jan 2, 2013
01/13
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CNNW
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there is no mention of the debt ceiling. the government $16.4 trillion borrowing limit which was reached yesterday and the bill kicks the can for about two months on the automatic spending cuts, the sequesters set to take effect tomorrow. joining me now is congressional correspondent dana bash. this just happened moments ago. tell us what happened and what are some of the more interesting votes. >> just moments ago we got the final vote. the final vote was 257 yes, 167 no. this happened with a majority of democrats supporting this and relatively healthy number of republicans but certainly most republicans voted against this. one of the republicans who did not vote against it was the leader of the republicans, the house speaker. he voted yes. it is significant for two runs. one it is the tradition for speakers not to take votes. they do it when they want to make a point symbolically and that is clearly what the house speaker wanted to do here. he wanted to vote for a piece of legislation which he clearly knows is not perfect
there is no mention of the debt ceiling. the government $16.4 trillion borrowing limit which was reached yesterday and the bill kicks the can for about two months on the automatic spending cuts, the sequesters set to take effect tomorrow. joining me now is congressional correspondent dana bash. this just happened moments ago. tell us what happened and what are some of the more interesting votes. >> just moments ago we got the final vote. the final vote was 257 yes, 167 no. this happened...
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Oct 13, 2013
10/13
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CSPAN2
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debt ceiling $2.1 trillion. of course we've already spent all that. we've already borrowed now almost $2.1 trillion more, and they're demanding a clean debt ceiling where we raise the debt ceiling but don't bother to ask us to change our spending habits not one penny. that's wrong. you can't negotiate on the debt ceiling. so i just think it's perfectly appropriate. the house is prepared to do this, but they want some changes in how we're spending the taxpayers' money. the american people are tired of it. by a huge majority, they say we should not raise the debt ceiling unless we change our spending habits. actually, almost a quarter of the american people say we should live within our income, we shouldn't raise the debt ceiling at all. and the idea that the president of the united states would not pay the bondholders of the united states, the debt holders of our country if the debt ceiling were not raised is just unthinkable. of course he will. he has to, really, under the constitution. if we did not raise the d
debt ceiling $2.1 trillion. of course we've already spent all that. we've already borrowed now almost $2.1 trillion more, and they're demanding a clean debt ceiling where we raise the debt ceiling but don't bother to ask us to change our spending habits not one penny. that's wrong. you can't negotiate on the debt ceiling. so i just think it's perfectly appropriate. the house is prepared to do this, but they want some changes in how we're spending the taxpayers' money. the american people are...
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Oct 8, 2013
10/13
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you're asking them to take a tough vote for the debt ceiling. usually both parties want to have some cover, something they can point to to say i want some -- >> which is fine. >> -- process forum before i approve another trillion in d debt. >> which is fine. if they want to do that, reopen the government, extend the debt ceiling. if they can't do it for a long time, do it for the period of time that the negotiations are taking place. why is it we've got hundreds of thousands of people not working right now in order for what you describe to occur. that doesn't make any sense. the small business association fwivs out billion dollars every month to small businesses across the country. that's not happening right now. so small businesses in every state that are counting on a loan to get their business going and you've got the party of small business saying small business administration can't do it. that's what they call themselves. and yet they're suffering. you've got farmers waiting for loans. they cannot be processed. i happen to disagreement thin
you're asking them to take a tough vote for the debt ceiling. usually both parties want to have some cover, something they can point to to say i want some -- >> which is fine. >> -- process forum before i approve another trillion in d debt. >> which is fine. if they want to do that, reopen the government, extend the debt ceiling. if they can't do it for a long time, do it for the period of time that the negotiations are taking place. why is it we've got hundreds of thousands...
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Jan 2, 2013
01/13
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there is no mention of the debt ceiling. the government $16.4 trillion borrowing limit which was reached yesterday in the bill kicks a camp for about two months on the automatic spending cuts, the sequesters set to take effect tomorrow. joining me now is congressional correspondent dana bash. this just happened moments ago. tell us what happened and what are some of the more interesting votes. >> if just moments ago we got the final vote. the final vote was 2 under 57 yes, 1 under 67 now. this happened with a majority of democrats supporting this and relatively healthy number of republicans but certainly most republicans voted against this. one of the republicans who did not vote against it was the leader of the republicans, the house speaker. he voted yes. it is significant for two runs. one it is the tradition for speakers not to take votes. they do it when they want to make a point symbolically and that is clearly whathe house speaker wanted to do here. he wanted to vote for a piece of legislation which he clearly knows i
there is no mention of the debt ceiling. the government $16.4 trillion borrowing limit which was reached yesterday in the bill kicks a camp for about two months on the automatic spending cuts, the sequesters set to take effect tomorrow. joining me now is congressional correspondent dana bash. this just happened moments ago. tell us what happened and what are some of the more interesting votes. >> if just moments ago we got the final vote. the final vote was 2 under 57 yes, 1 under 67 now....
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Jan 2, 2013
01/13
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there is no mention of the debt ceiling, the government's $16.4 trillion borrowing limit which was reached yesterday and the bell does kick the can for about two months, the automatic sequester, which are set to take effect tomorrow. joining me now, dana bash. tell us what happened and what some of the more interesting votes have been. >> reporter: just moments ago we got the final vote. it was 257 yes and 167 no. this happened with a majority of democrats supporting this and relatively healthy number of republicans but certainly most republicans voted against this. one of the republicans who did not vote against it was the leader of the republicans, the house speaker. he voted yes. it is significant for two runs. one it is the tradition for speakers not to take votes. they do it when they want to make a point symbolically and that is clearly what the house speaker wanted to do here. he wanted to vote for a piece of legislation which he clearly knows is not perfect but is important when it comes to compromise and keeping tax cuts in place for 98% of americans. the other point is that paul
there is no mention of the debt ceiling, the government's $16.4 trillion borrowing limit which was reached yesterday and the bell does kick the can for about two months, the automatic sequester, which are set to take effect tomorrow. joining me now, dana bash. tell us what happened and what some of the more interesting votes have been. >> reporter: just moments ago we got the final vote. it was 257 yes and 167 no. this happened with a majority of democrats supporting this and relatively...
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Jan 6, 2013
01/13
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FOXNEWSW
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two years ago we went from 14 to $16 trillion debt ceiling and everybody said how horrible that was. now, we are talking about going from 16 to 18 trillion and that only takes us through 2014 at which point we will be talking about going to $20 trillion. a lot of people are rightly asking i think when does this stop. >> when does the madness stop. the country not only needs the debate. we need to solve the problem. what you will see from the house is we will put forward a plan that says if you want to increase the borrowing authority of this country here is a mean you of options where you can reduce spending of an equal or greater amount. you tell us, mr. president. you have been afraid to but together a budget. harry reid hasn't touched the budget in three years. tell us where to reduce spending because that has to happen if we solve this problem. that is the adult responsible thing to do and frankly what the american people are looking for us to do. let's do it for a change instead of saying give us more revenue and we promise we will cut spending later. give us more borrowing auth
two years ago we went from 14 to $16 trillion debt ceiling and everybody said how horrible that was. now, we are talking about going from 16 to 18 trillion and that only takes us through 2014 at which point we will be talking about going to $20 trillion. a lot of people are rightly asking i think when does this stop. >> when does the madness stop. the country not only needs the debate. we need to solve the problem. what you will see from the house is we will put forward a plan that says...
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Oct 9, 2013
10/13
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CSPAN
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you're asking them to take a very tough vote for the debt ceiling. usually people in both parties want to have some cover, something that they can point to and say, hey, i want some budget process reform before i approve another $1 trillion in debt. >> which is fine. and so if they want to do that, reopen the government, extend the debt ceiling, if they can't do it for a long time, do it for the period of time in which these negotiations are taking place. why is it that we've got hundreds of thousands of people who aren't working right now in order for what you just described to occur? that doesn't make any sense. the small business administration gives out $1 billion worth of loans every month. to small businesses all across the country. that's not happening right now. so there are small businesses in every state that are counting on a loan to get their business going and you've got the party of small business saying small business administration can't do it. that's what they call themselves. and yet they're suffering. you've got farmers who are wai
you're asking them to take a very tough vote for the debt ceiling. usually people in both parties want to have some cover, something that they can point to and say, hey, i want some budget process reform before i approve another $1 trillion in debt. >> which is fine. and so if they want to do that, reopen the government, extend the debt ceiling, if they can't do it for a long time, do it for the period of time in which these negotiations are taking place. why is it that we've got hundreds...
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Jan 3, 2013
01/13
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CNBC
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we just went through $2.1 trillion of additional debt ceiling in 17 months. it took us 200 years to incur $2.1 trillion through our founding from 1986 and we went through that in seven months. your citizen of the debt is $51,000. a citizen in greece, their share is $36,000. no way. we're going to have to start issuing smaller increments of increasing the debt ceiling until we actually get the solution to the problem enacted into law. >> that might be the strategy. in other words, small increments on a monthly or bimonthly basis, instead of holding up the debt and defaulting, which would drop our credit, you're saying the gop may call for small increments until a real spending cut package can be worked out. is that the strategy? >> that would be my strategy. i would love to solve this problem by the end of february early march. that's not going to happen because president obama is utterly unwilling to rein in the size of government. we're going to have to message, message, message. pound home that point. maybe do something incrementally, message again. give so
we just went through $2.1 trillion of additional debt ceiling in 17 months. it took us 200 years to incur $2.1 trillion through our founding from 1986 and we went through that in seven months. your citizen of the debt is $51,000. a citizen in greece, their share is $36,000. no way. we're going to have to start issuing smaller increments of increasing the debt ceiling until we actually get the solution to the problem enacted into law. >> that might be the strategy. in other words, small...
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Oct 2, 2013
10/13
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we've been to a $17 trillion debt. >> most americans agree we should not raise the debt ceiling without some spending cuts the but before that, i'm sure i don't have to tell you fine folks that the entire house of representatives is up for reelection next year. >>> when we come back, i want you to tell me and our viewers why we should keep any of them around. when we made our commitment to the gulf, bp had two big goals: help the gulf recover and learn from what happened so we could be a better, safer energy company. i can tell you - safety is at the heart of everything we do. we've added cutting-edge technology, like a new deepwater well cap and a state-of-the-art monitoring center, where experts watch over all drilling activity twenty-four-seven. and we're sharing what we've learned, so we can all produce energy more safely. our commitment has never been stronger. >>> welcome back to "crossfire." we're waiting for president obama to fin meetinging with congressional members. with us is tom prello, and "washington tibls" senior editor emily miller. congress's approval numbers are abysm
we've been to a $17 trillion debt. >> most americans agree we should not raise the debt ceiling without some spending cuts the but before that, i'm sure i don't have to tell you fine folks that the entire house of representatives is up for reelection next year. >>> when we come back, i want you to tell me and our viewers why we should keep any of them around. when we made our commitment to the gulf, bp had two big goals: help the gulf recover and learn from what happened so we...
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Jan 2, 2013
01/13
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and the boehner rule, that is you want a trillion of debt ceiling increase because you've overspent by a trillion, which the president is doing for the next four years, you have to cut spending by a trillion or no deal. >> last time i looked congress appropriated the money. it's bills passed due. >> which congress? the republican house of representatives all voted against that. the spending that's -- >> plenty of other money in there, though, this congress voted for, the house-led republicans went along with a lot of spending in the past two years. look, at this stage, john boehner could have had a deal a couple of weeks ago that would have included some modification on the c.p.i. for social security recipients, and the president said, as well, some adjustment against the wishes of his own party members, he was willing to talk about the raising the retirement edge, the eligibility age. >> democrats in senate said that was off the table, that was never a reality. second of all, we're in a position that we're dealing with spending cuts -- >> didn't john boehner reject a better deal from
and the boehner rule, that is you want a trillion of debt ceiling increase because you've overspent by a trillion, which the president is doing for the next four years, you have to cut spending by a trillion or no deal. >> last time i looked congress appropriated the money. it's bills passed due. >> which congress? the republican house of representatives all voted against that. the spending that's -- >> plenty of other money in there, though, this congress voted for, the...